History · Colonial Economy
UGC NET December 2022 History (Shift-I)
Which of these are correct? Choose the most appropriate answer from the options given below.
- 1. Since 1770, even before Cornwallis arrived, company officials like Alexander Dow, Henry Patullo and Philip Francis were advocating for land tax being permanently fixed
- 2. The Physiocratic school assigned primacy to agriculture in a country's economy
- 3. The introduction of the Permanent Settlement led to assessment forever
- 4. The assessment under the Permanent Settlement would reduce the scope of corruption
- 5. It was hoped that under the Permanent Settlement the landlord would not invest in improving the land
A1 and 2 only
B1, 2 and 3 only
C1, 2, 3 and 4 only ✓ Correct
D1, 2, 4 and 5 only
Correct answer: (C) 1, 2, 3 and 4 only — The correct statements are 1, 2, 3 and 4 only.
Explanation
★The correct statements are 1, 2, 3 and 4 only.
★Since 1770, officials like Alexander Dow, Henry Patullo and Philip Francis advocated for a permanently fixed land tax.
★The Physiocratic school assigned primacy to agriculture in a country's economy.
★The Permanent Settlement, introduced by Cornwallis in 1793, led to a fixed assessment forever.
★The assessment under it was meant to reduce the scope of corruption.
★It was hoped that the landlord would invest in improving the land, so the fifth statement is wrong.
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